LLC vs. Inc.: Which Entity Is Right for Your Business? | Business News Daily


LLCs limit owner liability and offer more flexible taxation as a pass-through entity.

Corporations, such as S-corps and C-corps, are entities for larger, profitable businesses or those with shareholders.

How you incorporate your business entity has a profound effect on the organization of your company, the distribution of profits and losses, and the way your business is taxed.

This article is for entrepreneurs trying to determine the best type of business entity for their company when preparing to incorporate.

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